31, New Street
31, New Street
Description & Estimates
Public records show 31, New Street, Penzance to be a period freehold house with 871 ft2 of internal area, sitting on a 89.6 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
31, New Street, Penzance has an estimated sale value of £281,028 and an estimated rental value of £1,221 per month, assuming reasonable condition and based on the information available.
New Street, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
31, New Street, Penzance has 2 entries in the Land Registry , most recently in March 2025 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 31, New Street, Penzance would be worth £295,079, with a potential rental value of £1,282 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £261,356, with a rental value of £1,135 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 31, New Street, Penzance has decreased by £5,772 (2.1%) over the last year. During the same period, its estimated monthly rental value has grown by £56 (4.6%). The property's estimated gross yield is currently 5.2%.
Plot Size
31, New Street, Penzance occupies a 90 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 1 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
31, New Street, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Apr 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
31, New Street, Penzance last changed hands on 26th March 2025, selling for £272,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 20.9% since March 2025.
- Sold Mar 2025£272,500
- Sold Oct 2017£138,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of 31, New Street, Penzance across the last 2 years.
Most recently, 36, New Street, Penzance, TR18 2NA, a freehold house, sold at £50,000 on the 8th December 2025.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 31, New Street, Penzance as the 15th largest and the 17th most expensive of the 93 addresses on New Street, Penzance, TR18.
Against the TR18 postcode district average, it is £12k less expensive than the typical property.
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Schools Nearby
- 600mSt Mary's CofE Primary School, Penzance
- 900mSt Mary's Catholic School, Penzance
- 1.0kmAlverton Primary School
- 900mHumphry Davy School
- 1.9kmMounts Bay Academy
- 10.1kmSt Ives School
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Public Transport Nearby
Penzance station is the nearest stop to 31, New Street, Penzance at 400 metres away.
- 400mPenzance
- 8.7kmSt Erth
- 9.5kmLelant Saltings
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
